Unemployment rate dips to 3.5%, lowest level in 50 years

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Published Aug 6, 2022, 12:21 AM

A new jobs report shows hiring in the United States was hot in July, throwing cold water on recession fears but adding to concerns about inflation. Also, U.S. and Chinese tensions rise after Beijing’s missile fire near Taiwan and its new sanctions against Nancy Pelosi. Plus, Moscow says it is ready to discuss a proposed prisoner swap that could lead to the release of WNBA star Brittney Griner.

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